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Can Thermax Make Investors Happy Again

Can Thermax Make Investors Happy Again

Apr 28, 2025

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Professor Kavil Ramachandran, Senior Advisor, Thomas Schmidheiny Centre for Family Enterprise, Indian School of Business, was quoted in a recent Mint article titled "Can Thermax Make Investors Happy Again?" The piece highlights how  Thermax’s conservative approach is being tested as it ventures into new, capital-intensive green sectors, potentially impacting investors' confidence. Commenting on the transition, Professor Ramachandran noted, “While the company’s financials will take short-term hits as it transitions, its performance must be bench-marked over longer horizons.” Read the full story

here: https://lnkd.in/g8E6g92x